XML 86 R15.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Goodwill and Other Intangibles
12 Months Ended
Nov. 29, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLES  GOODWILL AND OTHER INTANGIBLES 
Goodwill by reportable segment and activity for the years ended November 29, 2019 and November 30, 2018 was as follows:
(in thousands)
 
2017
 
Acquisitions
 
Other(1)
 
2018
 
Acquisitions
 
Other(1)
 
2019
Digital Media
 
$
2,724,747

 
$
15,247

 
$
(2,481
)
 
$
2,737,513

 
$
125,899

 
$
(914
)
 
$
2,862,498

Digital Experience
 
2,838,390

 
4,775,969

 
(29,246
)
 
7,585,113

 
270

 
(15,103
)
 
7,570,280

Publishing
 
258,424

 

 
(2
)
 
258,422

 

 
(1
)
 
258,421

Goodwill
 
$
5,821,561

 
$
4,791,216

 
$
(31,729
)
 
$
10,581,048

 
$
126,169

 
$
(16,018
)
 
$
10,691,199

_________________________________________ 
(1) 
Amounts primarily consist of foreign currency translation adjustments.
Other intangibles, net, by reportable segment as of November 29, 2019 and November 30, 2018 were as follows:
(in thousands)
 
2019
 
2018
Digital Media
 
$
79,483

 
$
68,280

Digital Experience
 
1,640,925

 
2,000,718

Publishing
 
157

 
3

Other intangibles, net
 
$
1,720,565

 
$
2,069,001


Certain goodwill and other intangibles were misclassified between Digital Media and Digital Experience in the prior year, which have been recast in the above tables. The impact to our prior year disclosures was immaterial and there was no impact to the Consolidated Financial Statements resulting from the change in classification.
Other intangibles, net, as of November 29, 2019 and November 30, 2018 were as follows: 
(in thousands)
2019
 
2018
 
Cost
 
Accumulated Amortization
 
Net
 
Cost
 
Accumulated Amortization
 
Net
Customer contracts and relationships
$
1,219,029

 
$
(436,545
)
 
$
782,484

 
$
1,329,432

 
$
(416,176
)
 
$
913,256

Purchased technology
759,111

 
(223,115
)
 
535,996

 
750,286

 
(118,812
)
 
631,474

Trademarks
384,300

 
(73,546
)
 
310,754

 
384,855

 
(25,968
)
 
358,887

Backlog
143,400

 
(75,570
)
 
67,830

 
147,300

 
(13,299
)
 
134,001

Acquired rights to use technology
59,524

 
(46,823
)
 
12,701

 
58,966

 
(48,770
)
 
10,196

Other
23,745

 
(12,945
)
 
10,800

 
51,096

 
(29,909
)
 
21,187

Other intangibles, net
$
2,589,109

 
$
(868,544
)
 
$
1,720,565

 
$
2,721,935

 
$
(652,934
)
 
$
2,069,001



In fiscal 2019, and 2018, certain intangibles associated with our acquisitions in prior years became fully amortized and were removed from the Consolidated Balance Sheets.
Amortization expense related to other intangibles was $402.3 million, $182.6 million and $153.6 million for fiscal 2019, 2018 and 2017 respectively. Of these amounts, $227.0 million, $91.3 million and $76.1 million were included in cost of sales for fiscal 2019, 2018 and 2017 respectively.
Other intangibles are amortized over their estimated useful lives of 1 to 15 years. As of November 29, 2019, we expect the estimated aggregate amortization expense for each of the five succeeding fiscal years to be as follows:
(in thousands)
 
Other Intangibles
2020
 
$
364,683

2021
 
254,921

2022
 
222,810

2023
 
214,188

2024
 
201,953

Thereafter
 
462,010

Total expected amortization expense
 
$
1,720,565